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Laureate Describes Plans for Santa Fe

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Laureate Education Inc. has released a statement outlining its possible vision for the College of Santa Fe, a financially struggling private college that the for-profit chain may end up operating under a bailout plan being pushed in New Mexico. The college is known for its arts programs and Laureate is known for its campuses in many countries around the world, primarily educating people from countries other than the United States. While Laureate's statement was vague -- officials noted that negotiations are still going on -- it suggested that Santa Fe would become a "global center of excellence in the teaching of the arts," in which Laureate's students worldwide would gain from the expertise at Santa Fe.